Timex Group India Limited

Timex Group India Limited (TIMEX) is a small-cap Consumer Durables company valued at ₹7,067 crore operating in Gems, Jewellery And Watches on the NSE and BSE.

Recent price move

Timex Group India Limited last traded at ₹703.5, up 2.51% on the day.

Recent developments

On 2026-06-30, the company reported its latest quarter results, showing revenue of ₹219 crore and net profit of ₹25 crore, up 29.6% and 66.7% respectively from the same quarter a year earlier. Promoter holding remained at 51.00%, while foreign institutional holding increased by 1.18 percentage points to 2.50%.

Financial performance

The company's business is improving, with annual revenue rising 48.4% and net profit jumping 143.4% year-over-year. The latest quarter saw revenue grow 29.6% and net profit surge 66.7% compared to the same quarter a year earlier. Margins have widened, with the net profit margin rising 3.7 percentage points to 9.4%, and returns remain strong, with return on equity at 67.6%.

Valuation multiples

The stock trades at 94.2 times earnings, 47.85 times book value.

Things to watch

The company has not paid out any dividends despite reporting repeated profits, which may raise concerns about capital allocation. The stock is currently 2.5% below its 52-week high, and the company's balance sheet shows a debt-to-equity ratio of 0.32, indicating moderate leverage.

Where it stands

The company has delivered strong growth in both revenue and net profit, with the latest quarter showing significant improvements. The net profit margin has widened, and returns remain robust. The stock is currently 2.5% below its 52-week high, and promoter holding remains at 51.00%.

Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.